Coca-Cola to fully refranchise North America bottling operations by 2017

The company said in April it would refranchise only two-thirds of its bottling operations in North America by 2017, with all bottling operations in the region refranchised by 2020.Reuters | February 09, 2016, 17:51 IST

Coca-Cola will continue to own its hot-fill factories, which produce beverages including Powerade energy drinks and Minute Maid juices.

Coca-Cola Co said it would refranchise all its North America bottling operations, including its 39 cold-fill production factories, three years earlier than expected, as the soda maker looks to cut costs.

The company said in April it would refranchise only two-thirds of its bottling operations in North America by 2017, with all bottling operations in the region refranchised by 2020.

Coca-Cola will continue to own its hot-fill factories, which produce beverages including Powerade energy drinks and Minute Maid juices.

The company also said it entered into a non-binding letter of intent to refranchise its bottling operations in China to China Foods Ltd, part of COFCO Ltd, and Swire Beverage Holdings Ltd.

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